Intensified generic-based management in Korean pharmaceutical industry

Published: 2017-12-05 15:04:29

Updated: 2017-12-05 15:04:29

Korean pharmaceutical companies were criticized to still manage their business relying on generic drugs. 3 of 4 medicines approved this year were ETC, and most ETC drugs were reportedly generics Korean pharmaceutical companies acquired approval.

According to the Ministry of Food and Drug Safety(MFDS), the number of medicines approved between January and November was reportedly 1,826 products. ...

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